Euro/dollar. Reviews dealers
During the European session, the mood of investors is improving, helped by the publication of strong statistical data for the euro area. Euro/dollar is traded on the Faroes and confidently rebounding from a previously made minimum session. Execution stops at the breakthrough $ 1.4460/65 allowed the pair to get resistance, located at the level $ 1.4480 where dealers noted the presence of small ask prices. Testing level specified can become the catalyst for the upward movement until the forty-fifth to shapes, and potentially up to the $ 1.4520, where a strong interest in selling the pair. At the moment the euro/dollar is trying to test $ 1.4480. The current exchange rate pair $ 1.4483. British currency recovers after Euro
The British currency recovers after the euro/dollar and sets the maximum session for $ 1.6555. However, while the pound/dollar failed to break through resistance, prolegausee in $ 1.6545/55. Market participants have noted that in case of success, you should expect a strengthening pound/dollar up to $ 1.6576/86, where the level of $ 1.6576 represents the 1.618% correction from $ 1.6522 to $ 1.6435. Further potentially may increase to the level of $ 10 on 1.6600/breakthrough located small foot. Implementation may return pound/dollar Friday to a maximum of $ 1.6618. According to one of their dealers strong interest in selling the pair seen on approach to $ 1.6620. Major stops are located on the breakthrough. Breakthrough above the specified level could pave the movement toward the $ 1.6620 that will lead to a further rise in British currency. The current exchange rate pound sterling/dollar $ 1.6550.
Euro/yen. Reviews dealers
During European trading Japanese Yen deposits positions ahead of the single currency. The pair touched on above eleventh shapes after you publish a report on business PMI manufacturing, but then otkatilas? to Y 110.85. As reported by dealers, the immediate support lies in the field of Y 110.60/50. The following cluster bid seen Y 110.05/0000 and potentially and Y 109.30/20. Immediate resistance is in the field of Y 111.55/60, its testing can pave the way for the movement towards Y 112.35/40 where Y 112.36 is the maximum of the seventh month of August. At the moment the Euro/yen is at Y 110.83.
The euro suffered losses against most major currencies, reducing its previous gains against a backdrop of weakening stock market indices and the corresponding decline in the demand for high-yielding assets. Yen retreats from record highs, the Swiss franc also retreated on fears that the Central Bank of Japan and Switzerland would intervene in the currency market with a view to restricting the growth rates that threatens to reduce the amount of exports. Yen showed decreasing over the past two weeks, after Finance Minister Josihiko Noda said that he was ready to take decisive measures after the yen reached on Friday Y 75.95. Noda said that he was "increasingly concerned at the deteriorating situation in the national currency". He noted that the Government "will take its measures if necessary, it is possible that different instruments are applied". Deputy Head of the Bank of Japan Hirohide Jamaguci Eve stated that he "is concerned about the rise of the yen", noting that a strong currency not "necessarily" must harm the economy. The dollar's rise was limited by speculation that the head of the Federal Reserve Ben Bernanke at the Conference 26 August nameknet at the TRO, the regulator would stimulate the economy. It should be noted that during the period from November to June, the Treasury has invested $ 600 billion. redemption of bonds. This program has been dubbed the "quantitative easing" or the QE2. "The focus of the market this week dismissed the statement," Bernanke said Unisi Ishikawa, an analyst at IG Markets Securities Ltd. May increase pressure on the dollar when referring to a possible QE3. "
Tuesday will begin publication of the index of production activity of China from HSBC at 02:30 GMT.
In the 06:00 GMT will balance of Switzerland. Preliminary indexes of production activity and Service PMI Germany go into 07:30 GMT. The corresponding figures for the EU scheduled for 08:00 GMT.
In the 09:00 GMT will market focus to the index of German business optimism Institute ZEW. In the 10:00 GMT British Confederation
Industrialists will provide data on orders for may.
Retail sales in Canada are planned at 12:30 GMT.
American data would begin sales rates Crimean 14:00 GMT. At the same time, consumer confidence will be the EU.
Completes daily report on New Zealand's trade balance 22:45 GMT.
Main event of the European session environment would become the German IFO index 08:00 GMT.
In the 09:00 GMT at the disposal of the market participants will be data on industrial orders the EU for the month of June.
Among the American data, to be released in 12:30 GMT attention worthy of data on durable goods orders.
In the 14:00 GMT will be published index of housing prices in the United States.
In the 14:30 GMT United States Ministry of fuel will provide a traditional report on stocks of fuel for a week on 13 August.
New Zealand will provide indicators on that day of retail sales in 22:45 GMT.
On Thursday, Germany will provide consumer confidence by Gfk at 06:00 GMT.
In the 07:15 GMT will report on the employment of Switzerland for the second quarter.
In the 12:30 GMT will produce traditional report on the number of applications for unemployment benefits in the week on 13 August.
In the 23:50 GMT will inflation data in Japan.
On Friday, Britain will provide data on GDP for the second quarter at 08:30 GMT.
A similar report will be released in the United States 12:30 GMT.
In the 13:55 GMT release consumer confidence from Reuters/Michigan in August.
However, the most important will be the presentation by the head of the Federal Reserve Ben Bernanke.
02:30 China manufacturing index PMI from HSBC, 49.3
03:00 New Zealand inflation expectations from the Reserve Bank of New Zealand III M2 3.0%
06:00 Switzerland trade balance, Mio, 1.75 1.83
Germany 07:28 in the service sector activity index PMI, 52.9 52.0
07:28 Germany production activity Index PMI, 51.0 52.0
07:58 Eurozone industrial activity Index PMI, 50.4 49.5
07:58 Eurozone index of activity in the service sector PMI, 51.6 51.0
09:00 Germany index of sentiment in the business environment from the ZEW Institute August-15.1-25.0
09:00 Eurozone new industrial orders, taking into account seasonal adjustments, m/m, + 3.6% + 0.5%
10:00 United Kingdom Balance of industrial orders British Confederation of industrialists, -10% -13%
12:30 Canada retail sales m/m, + 0.1% + 0.6%
12:30 Canada retail sales excluding autos, + 0.5% + 0.3%
14:00 United States Sale of new buildings, 312K 315K
14:00 Eurozone consumer confidence Index August-11.2-12.0
22:45 New Zealand trade balance, Mio 230 -99
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